Price Channel
PRICE CHANNEL Commodity or stock prices are in constant vacillation. When you draw a pair of parallel lines to approximate the trend of the prices, you are creating a price channel. When the prices...
Category: Chart Overlays
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Moving Average
MOVING AVERAGE The Mean When dealing with time series data, a moving average smooths out short-term fluctuations. It also highlights long-term trends. Practical applications of the moving average would be in the analyses of...
Pivot Point
PIVOT POINT Pivot point is a redictive indicator of market movement. It is Simply an Average A pivot point is calculated as an average of significant prices, namely the High, Low, and Close from...
Bollinger Bands
BOLLINGER BANDS Bollinger bands measure the height of the price relative to previous trades. This is a technical analysis tool invented by John Bollinger in the 1980s. evolved from the concept of trading bands....
Trend Lines
TREND LINES a bounding line for the movement of a security Definitions: 1) When you can draw a diagonal line between two or more price pivot points, you can then form a trend line....